SAPIENSE
ActiveSAPIENSE has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €158k and a net result of €52k. Equity is growing by ~28.2% per year across the filed fiscal years. Its solvency ranks better than 83% of 15870 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
100
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 7.56 against 7.43 in 2023), and 19% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
9 d early
2022
7 d early
2021
31 d early
2020
3 d early
2019
8 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€158k▲ 48.4%
2023 · €107k
2018: €33k
2019: €43k
2020: €46k
2021: €64k
2022: €69k
2023: €107k
2018 → 2024
Total assets
€195k▲ 37.9%
2023 · €142k
2018: €59k
2019: €93k
2020: €90k
2021: €101k
2022: €96k
2023: €142k
2018 → 2024
Net result
€52k▲ 35.7%
2023 · €38k
2018: €325
2019: €9k
2020: €4k
2021: €19k
2022: €19k
2023: €38k
2018 → 2024
Working capital
€150k▲ 53.0%
2023 · €98k
2018: €31k
2019: €40k
2020: €45k
2021: €62k
2022: €66k
2023: €98k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€46k-€64k▲ 38.4%€69k▲ 6.7%€107k▲ 55.5%€158k▲ 48.4%
Operating result€6k-€26k▲ 361%€28k▲ 7.0%€57k▲ 107%€79k▲ 37.8%
Net result€4k-€19k▲ 406%€19k▲ 2.5%€38k▲ 99.2%€52k▲ 35.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 38% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €195k
Fixed assets
€23k▼ 20.6%
Current assets
€173k▲ 52.6%
Equity and liabilities €195k
Equity
€158k▲ 48.4%
Debt
€37k▲ 6.0%
The debt ratio falls from 24.8% to 19.0%: equity grows faster than debt.
Key figures and ratios
EBITDA
€86k▲
2023 · €62k
Cash flow
€59k▲
2023 · €43k
Solvency
81.0%▲
2023 · 75.2%
Current ratio
7.56▲
2023 · 7.43
Quick ratio
7.56▲
2023 · 7.43
Debt / equity
0.24▼
2023 · 0.33
ROE
32.6%▼
2023 · 35.7%
ROA
26.4%▼
2023 · 26.8%
Interest coverage
634.50▲
2023 · 115.84
Debt
€37k▲
2023 · €35k
Debt ≤ 1 year
€23k▲
2023 · €15k
Debt > 1 year
€14k▼
2023 · €20k
Income taxes
€28k▲
2023 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€142k€195k▲
Fixed assets21/28€28k€23k▼
Tangible fixed assets22/27€28k€23k▼
Furniture and vehicles24€28k€23k▼
Current assets29/58€113k€173k▲
Amounts receivable within one year40/41€24k€35k▲
Trade receivables40€10k€12k▲
Other amounts receivable41€15k€23k▲
Cash at bank and in hand54/58€87k€137k▲
Deferred charges and accrued income490/1€2k€361▼
Equity and liabilities
Total equity and liabilities10/49€142k€195k▲
Equity10/15€107k€158k▲
Contributions10/11€6k€6k=
Reserves13€88k€140k▲
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€87k€139k▲
Profit (loss) carried forward14€12k€12k=
Amounts payable17/49€35k€37k▲
Amounts payable after more than one year17€20k€14k▼
Financial debts170/4€20k€14k▼
Amounts payable within one year42/48€15k€23k▲
Current portion of amounts payable after more than one year42€5k€5k▲
Taxes, remuneration and social security45€10k€17k▲
Taxes450/3€10k€17k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€7k▲
Other operating charges640/8€986€867▼
Gross operating margin9900€63k€87k▲
Operating profit (loss)9901€57k€79k▲
Financial income75/76B€939€1k▲
Recurring financial income75€939€1k▲
Financial charges65/66B€532€135▼
Recurring financial charges65€532€135▼
Profit (loss) for the period before taxes9903€57k€80k▲
Income taxes67/77€19k€28k▲
Profit (loss) for the period9904€38k€52k▲
Profit (loss) for the period to be appropriated9905€38k€52k▲
Appropriation of the result
Profit (loss) to be appropriated9906€50k€63k▲
Profit (loss) brought forward from the previous period14P€12k€12k=
Transfer to equity691/2€38k€52k▲
To other reserves6921€38k€52k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €52k ▲35.7%
Operating result €79k, net result €52k, both a record.
31-12
Financial
Equity above €150kEq €158k ▲48.4%
7 profitable years in a row build equity to €158k.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €107k ▲55.5%
6 profitable years in a row build equity to €107k.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
08-04-2022
Resigned as Manager
Location & real-estate footprint
Registered office, Rixensart · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Balatum 271332 RixensartGround area
4,738 m²
Building footprint
666 m²
Volume, LiDAR
8,232 m³
2 parcels, Wallonia · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Sapiense
since 19982.087.784.052
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25033B0525/00A005 | Wallonia | 3,608 m² | 1 · 604 m² | 14.0 m · 4 fl. |
| 25091E0307/00B000 | Wallonia | 1,130 m² | 1 · 62 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
COLVERCO
BE 0463.174.604
Kortrijk · Eq €158k
Limburgse Tuinbouwveiling
BE 0430.825.401
Herk-de-Stad · Eq €158k
MANAGMENT and CONSULTING SERVICES
BE 0459.294.208
Rixensart · Eq €159k
Proderma
BE 0671.831.403
Gerpinnes · Eq €159k
AK GROUP
BE 0749.453.969
Wavre · Eq €159k
Of 4,406 companies in sector 46180 we hold annual accounts for 1,875. 1,392 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-07-1998
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
51180
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.